Fed in spotlight with US focused on stability, First Republic
Written by Black Hot Fire Network on March 22, 2023
March 22 (Reuters) - U.S. authorities are set to explore ways to bolster financial stability, along with steps to tackle the problems facing First Republic Bank, as central banks ponder whether recent banking sector turmoil makes interest rate rises less pressing.
With market volatility easing, Wednesday's Federal Reserve meeting is firmly in focus, with traders